[ad_1] Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women…

[ad_1] Under the new deal, workers will get a 10% share of any dividends paid out to Kretinsky. Other concessions include the formation of a workers group to meet monthly with the directors of Royal Mail, no raid on the pension surplus, and no compulsory redundancies until the end of next year. However, Lord Prem…

[ad_1] London CNN  —  Royal Mail, which dates back to the reign of Henry VIII in the 1500s, is set to be sold to a Czech billionaire in a deal that will keep the institution based in Britain. Daniel Křetínský’s EP Group has made “legally binding commitments” to the UK government as part of the…

[ad_1] The sale of Royal Mail to Czech billionaire Daniel Kretinsky has been approved by the government. Mr Kretinsky‘s company EP Group will buy the postal service’s parent company International Distribution Services (IDS). The £5.3bn deal had been agreed in May but was subject to a government review under national security laws as Royal Mail…

[ad_1] The Royal Mail is not royal, if ever it was. It has not been an essential state-supplied service for some time, although I doubt we can survive without it as a universal service. And now it is going to be owned by a Czech-controlled entrepreneur. There is not even going to be the semblance…

[ad_1] Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women…